Started in M&A this month; 30 Years old. No prior experience. Non-target school.
New user here. Learned a lot from you guys, so thank you all for being a vibrant community.
A bit about myself:
I had no plans whatsoever with regards to my future career etc. Ended up wasting time partying and being careless.
Bounced around between non-target universities in the U.S.
Took some time off to start a business that eventually failed.
Recovery phase:
Completed my B.A. in Economics at a uni in China in 3 years.
A month after graduating I started an M.B.A. at a top 5 uni in Asia.
Now I'm 30 years old, and just started my first "real job" at an investment bank in Asia in the M&A group.
A bit about the firm:
One of the largest investment banks in Asia (probably the largest in it's local market).
Slow deal-flow. 1 MD. 8 other analysts. MD and about half of the analysts come from GS, MS, and JPM; MD has more than 12 years exp. at one of those firms, while most of the analysts had around 4-7 years of experience.
**My Situation:
**
After the MBA I was able to land this job by networking. No other method worked.
It's been almost 3 weeks and I was asked to do a single task only: use capital iq to find comps and put them together on an excel sheet along with their market cap, LTM revenue, LTM EBITDA and EBIT margins, revenue per sector, and so on. Still no feedback from the analyst that requested it. I also don't have dedicated access to capital iq or any other platform/terminal so far, so spending most of my time reading news, reviewing the M&A manual, going through the CFA SchweserNotes whenever I feel that I need to review something, and so on.
I don't speak their local language, so I know for sure that I won't be involved in most of their discussions, although they all speak English fluently.
My original plan was to get some decent IB experience, and then lateral to U.S., HK, London, Dubai, London, etc. Met a cool guy from the same company, but at global trading, and he called a few guys from IB at a few BBs in town, and they were surprised that I was even able to land this job because of my age (and no prior experience).
What are my options? How's my age going to affect my career?
P.S. I really need the opinion of experienced bankers; bankers that preferably made hiring decisions.